Miley Cyrus has a new ride. The former Hannah Montanna star paid $127,000 upfront for a 2012 SL550 convertible. The car is white, and was bought from an Enrico, California dealership. Miley bought the car, and instead of trading in her old vehicle, she had her body guard that was with her drive the old car home. The Mercedes Benz car is a small price to pay for what she is worth. Miley has an estimated $120 million net worth. A small treat for herself for all the hard work she has put into her career is a safe move.